I'll order some GPUs soon I think; the prices are quite low these days in anticipation of the rumored release. I'll have to make a call on whether the new generation of Nvidia cards are actually going to be released soon or if the rumors are completely baseless. Mining is important to me because that is the only way to get coins before they hit the market, and I have my eyes on a very specific long-term project (see my shitty poem and figure it out). Luckily for me, USD has gained quite a bit of value compared to SEK, which makes mining that much more profitable. Bitmain has been quite scary lately, but I really don't think they are an acute threat to GPU miners.

Other than mining, I'll just continue my day-to-day research about both the tech, history, and shenaniganry for now. I still have a lot of catching up to do in all of those aspects and it's quite time-consuming. I just finished reading Mastering Bitcoin (2nd ed.), although I'll have to revisit it a few more times.

duck wrote:man it really sucks when you have to agree with gendarme on things

its hilarity how much all the "dont be evil" tech clowns in Si valley are attaching blockchains to charitable donations, carbon credits and pieces of rainforest now claiming they are saving the world through blockchain.

NEWSFLASH: you cant save the rainforest with something that takes a ridiculous amount of computing power and electricity to create and serves no obviously tangible functional purpose to speak of for it!lol

i"m in it for the money too and that is pretty much all.

Of course someone who so deftly has analyzed the game of AOE3 by treating it like a science to be studied could easily study the crypto markets. TBH with my background of coming from trading US equities crypto profits are shooting fish in a barrel. Sometimes I actually felt bad at how easily I was making money knowing that there would be a ton of 15 year old scrubs on the ass end of the deal. But not for very long. Only about two minutes actually

Futures do have a predetermined date, and the type of long/short contracts one can get at the market (they are called certificates in Swedish) usually have futures in the layer beneath them (i.e. the bank buys futures on your behalf).

duck wrote:man it really sucks when you have to agree with gendarme on things

It's 9:15 AM in Chicago and the price just started dumping. I am assuming that this is the first time since Friday that the CBOE/CME Bitcoin futures can be traded. Just a coincidence or did I foresee this correctly? :hleung:

duck wrote:man it really sucks when you have to agree with gendarme on things

Futures do have a predetermined date, and the type of long/short contracts one can get at the market (they are called certificates in Swedish) usually have futures in the layer beneath them (i.e. the bank buys futures on your behalf).

Sure but that's, like you said, a future contract. Maybe in crypto shorts are almost always futures, which is why you associate them with each other. Apparently what you have right now is not a future, though.

Whether or not it is clear to you, no doubt the universe is unfolding as it should.

XeeleeFlower wrote:I don't mind open endings as long as the story continues at some point

Gendarme wrote:Futures do have a predetermined date, and the type of long/short contracts one can get at the market (they are called certificates in Swedish) usually have futures in the layer beneath them (i.e. the bank buys futures on your behalf).

Even if the security is based on futures, they do not necessarily have an expiration date (which is in fact part of the reason for getting these securities instead of the futures themselves). The bank does all the work for you and your contract is just perpetual. Now, the Bitmex contracts are not based on futures. They are simply based on the market price of GDAX and Bitstamp.

duck wrote:man it really sucks when you have to agree with gendarme on things